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Global Retirement Partners LLC Raises Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance, Insurance, And Real Estate background

Global Retirement Partners LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 78.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 180,284 shares of the company's stock after purchasing an additional 79,467 shares during the period. Global Retirement Partners LLC's holdings in iShares Bitcoin Trust were worth $9,564,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vienna Asset Management LLC increased its holdings in shares of iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company's stock valued at $963,000 after purchasing an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter valued at about $656,000. Andina Capital Management LLC grew its holdings in iShares Bitcoin Trust by 131.0% during the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock worth $910,000 after acquiring an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock worth $1,357,000 after acquiring an additional 9,266 shares during the period. Finally, Mutual Advisors LLC grew its holdings in iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock worth $8,967,000 after acquiring an additional 62,338 shares during the period.

iShares Bitcoin Trust Stock Down 3.7 %

iShares Bitcoin Trust stock traded down $2.10 during midday trading on Friday, hitting $53.94. 48,220,002 shares of the company were exchanged, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business has a fifty day simple moving average of $56.15 and a two-hundred day simple moving average of $45.91.

iShares Bitcoin Trust Profile

(Free Report)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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